Amendment of the Employer Debt Regulations12

In regulation 10 of the Employer Debt Regulations (money purchase schemes: fraud and levy deficiencies etc)—

a

in paragraph (2) after “general levy” insert “ or fraud compensation levy ”;

b

in paragraph (4)—

i

for “In this section” substitute “ In this regulation ”;

ii

insert in the appropriate alphabetical place—

the fraud compensation levy” means the levy imposed in accordance with section 189 of the 2004 Act;